Remove Budget Remove Goods & Services Remove Purchasing
article thumbnail

Top 10 Foundational Steps To Building A Strong Procurement Strategy

The Procurement School

Author: Liz Busch Do you feel that your organization may not be strategically procuring the goods, services and construction it needs? Look for trends, where the organization is buying similar commodities through independent solicitations or direct awards and entering discrete contracts and purchase orders for each.

article thumbnail

Guide to Modern Vendor Relationships

The Procurement School

When thinking about these questions, consider three different types of vendor relationships: (a) vendors wanting to do business with government; (b) vendors participating in a solicitation process; and (c) contractors providing goods, services or construction to government. Do not disclose the budget in the solicitation.

article thumbnail

What is a RFP?

Select GCR

Budget Information: Provides details about the available budget and any specific financial considerations. The primary goal of issuing an RFP is to solicit competitive proposals from qualified vendors, service providers, or contractors.

article thumbnail

The Benefits of Procure-to-Pay

ivalua

For organizations, this means employees can easily and quickly buy all the goods and services need from preferred contracts, ensures they stay within budget and work with required approvals. A procure-to-pay platform can offer: A single place for goods, services, components, tools and travel. Case in Point.

article thumbnail

A red light for corruption: How the Dominican Republic is using open data, better processes & collaboration to fight corruption

Open Contracting Partnership

Public contracts matter, he says: “The government allocates 32% of the country’s budget towards goods, services, and public works, to secure the rights and enhance the quality of life for citizens. Corruption in public procurement makes us poorer and takes our rights away.” Efficiency is key.

article thumbnail

The Benefits of Procure-to-Pay

ivalua

For organizations, this means employees can easily and quickly buy all the goods and services need from preferred contracts, ensures they stay within budget and work with required approvals. A procure-to-pay platform can offer: A single place for goods, services, components, tools and travel. Case in Point.

article thumbnail

The FY 2024 National Defense Authorization Act: Key Provisions Government Contractors Should Know

Government Contracts Legal Forum

The prohibitions do not extend to purchases of goods, services, or technology that connect goods or services to third party services (e.g., interconnection) or to components, defined broadly as an item supplied to the federal government as part of an end item or of another component.